2026-01-14T12:00:24-06:00 2025-02-28 331756852 COHEN & CO ADVISORY LLC OFFICES LISTED AT WWWCOHENCOCOM OH 44115 990 2024-03-01 380612810 THE GROSSE POINTE CLUB GROS 3138850400 6 BERKSHIRE PLACE GROSSE POINTE FARMS MI 48236 JAMES VAN DYKE CHAIRMAN 3138850400 2026-01-13 1 1 PARGAT SINGH P02184330 8002291099 2026-01-13 2024 2025-03-06 01:10:19Z JAMES VAN DYKE 6 BERKSHIRE PLACE GROSSE POINTE FARMS MI 48236 3365452 0 X WWW.GPCLUB.ORG X 1911 MI SOCIAL CLUB 15 15 130 0 164221 34319 17713 22750 1660524 2575909 0 0 503511 467655 2181748 3066314 0 0 0 0 1251845 1308420 0 0 0 1101681 1147791 2353526 2456211 -171778 610103 2594238 3191445 847876 834980 1746362 2356465 PROVIDE PLEASURE, RECREATION AND SOCIAL OPPORTUNITIES TO THE MEMBERS OF THE GROSSE POINTE CLUB. 0 0 PROVIDE PLEASURE, RECREATION, AND SOCIAL OPPORTUNITIES TO AN AVERAGE OF 239 MEMBERS AT THE GROSSE POINTE CLUB. 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13 0 130 1 1 1 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 1 0 0 MI X MICHAEL PALAZZOLO 3138850400 6 BERKSHIRE PLACE GROSSE POINTE FARMS MI 48236 X MR JON COLMAN TILL 1025 CHAIRMAN 1.00 X X 0 0 0 MR JAMES VAN DYKE VICE CHAIRMAN 1.00 X X 0 0 0 MR ROBERT DIEHL SECRETARY 1.00 X X 0 0 0 MR DAVID NICHOLSON TREASURER 1.00 X X 0 0 0 MR DANIEL SMALE GOVERNOR 1.00 X 0 0 0 MR RICHARD CANNY GOVERNOR 1.00 X 0 0 0 MRS ELIZA GETZ GOVERNOR 1.00 X 0 0 0 MR SPENCER HUGHES GOVERNOR 1.00 X 0 0 0 MRS JEN TABACZUK GOVERNOR 1.00 X 0 0 0 MRS MARY BETH NICHOLSON GOVERNOR 1.00 X 0 0 0 MR WARD DETWILER GOVERNOR 1.00 X 0 0 0 MRS DENISE DEANE GOVERNOR 1.00 X 0 0 0 MR THOMAS FANNING GOVERNOR 1.00 X 0 0 0 MR ROSS LEWICKI GOVERNOR 1.00 X 0 0 0 MRS VIVIAN STROH GOVERNOR 1.00 X 0 0 0 JON MATWAY GENERAL MANAGER 40.00 X 136256 0 9538 136256 0 9538 1 0 0 0 0 22750 22750 DUES-FOR MEMBER BENEFI 900099 2254491 2254491 DOCK RENT 531190 183887 183887 INITIATION FEES 900099 70100 70100 MISCELLANEOUS INCOME 713910 67431 67431 2575909 35319 0 35319 35319 35319 731474 299138 432336 303434 128902 3066314 2879343 164221 0 145794 922135 34568 95796 110127 29261 96900 18761 234663 428853 11479 10078 188830 86259 MEALS & ENTERTAINMENT 35760 FEDERAL INCOME TAX 6947 2456211 40125 329973 55095 279728 63206 71443 111339 99116 6622805 4211620 2324473 2411185 2594238 3191445 152583 85790 99113 244757 596180 504433 847876 834980 X 1746362 2356465 1746362 2356465 2594238 3191445 610103 0 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 95060 95060 5084831 3404711 1680120 413612 308562 105050 1029302 498347 530955 2411185 X PART X, LINE 2: THE CLUB IS A NOT-FOR-PROFIT CORPORATION EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. THE CLUB IS, HOWEVER, SUBJECT TO TAX ON ITS UNRELATED BUSINESS TAXABLE INCOME (UBTI), WHICH CONSISTS OF FOOD AND BEVERAGE SALES TO NON-MEMBERS AND RENTAL INCOME. UNUSED NET OPERATING LOSSES (NOL) OF APPROXIMATELY $2,252,000 AS OF FEBRUARY 28, 2025, ARE AVAILABLE TO OFFSET ANY UBTI LIABILITY. THE NOL'S EXPIRE IN VARIOUS YEARS THROUGH 2040. DEFERRED TAX ASSETS RESULTING FROM THE NOL'S OF APPROXIMATELY $338,000 AS OF FEBRUARY 28, 2025, ARE FULLY RESERVED BY A VALUATION ALLOWANCE DUE TO MANAGEMENT'S BELIEF THAT THE LOSSES WILL NOT BE UTILIZED. THE VALUATION ALLOWANCE INCREASED BY $29,000 FOR THE YEAR ENDED FEBRUARY 28, 2025. THE CLUB ACCOUNTS FOR INCOME TAXES IN ACCORDANCE WITH GAAP, WHICH REQUIRES RECOGNITION OF AND DISCLOSURE RELATED TO UNCERTAIN TAX POSITIONS. AS OF AND DURING THE YEAR ENDED FEBRUARY 28, 2025, THE CLUB DID NOT HAVE A LIABILITY FOR UNRECOGNIZED TAX BENEFITS. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE GROSSE POINTE CLUB ELECT THE BOARD OF GOVERNORS ANNUALLY. FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEES ARE ORGANIZED SEPARATE FROM THE GOVERNING BODY, WHICH IS THE BOARD OF GOVERNORS. FORM 990, PART VI, SECTION B, LINE 11B REVIEWED BY CHAIRMAN. FORM 990, PART VI, SECTION B, LINE 15A THE GENERAL MANAGER IS THE ONLY EMPLOYEE THAT IS A TOP MANAGEMENT OFFICIAL. THE GENERAL MANAGER'S COMPENSATION PACKAGE IS DETERMINED BY THE BOARD OF GOVERNORS AND REVIEWED ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING AND FINANCIAL DOCUMENTS ARE AVAILABLE TO MEMBERS AT THE ANNUAL MEETING. THE INFORMATION IS ALSO AVAILABLE UPON REQUEST.